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First Mining Gold Corp T.FF

Alternate Symbol(s):  FFMGF

First Mining Gold Corp. is a Canada-based gold developer advancing two of its largest gold projects in Canada, the Springpole Gold Project in northwestern Ontario and the Duparquet Project in Quebec. The Company also owns the Cameron Gold Project in Ontario and a portfolio of gold project interests, including the Pickle Crow Gold Project (being advanced in partnership with FireFly Metals Ltd), the Hope Brook Gold Project (being advanced in partnership with Big Ridge Gold Corp.), and an equity interest in Treasury Metals Inc. The Springpole Gold Project covers an area of about 41,943 hectares (ha) in northwestern Ontario, and consists of 30 patented mining claims, 282 mining claims and thirteen mining leases. The Duparquet Gold Project is located immediately north of the town of Duparquet, which is approximately 50 kilometers (km) northwest of Rouyn-Noranda, Quebec. The Pickle Crow Gold Project is located in the mining jurisdiction of northwestern Ontario, Canada.


TSX:FF - Post by User

Bullboard Posts
Comment by zentrarianNZon Nov 06, 2015 3:00am
168 Views
Post# 24265101

RE:Refresher

RE:RefresherI own a nice little slice of FF so I don't want to trash anybody promoting the company, but there is some SERIOUS hype in this article.

For example, it states that growing from a $33 million company to a billion dollar company would give you a 2,930% return on your investment, but that's only true if there was no dilution over the course of that growth. Although I trust management to keep dilution to the minimum necessary - and all of it will hopefully be outrageously accretive - we all know FF is going to experience a lot of dilution because that is the main source of its capital, at least for the near term.

The author also contradicts himself because if we are in the final weeks of the bear market, as he wants you to believe, FF isn't going to have the time it needs to build up the portfolio that Neumeyer is shooting for, and isn't going to be worth nearly as much as he expects it to be. (Neumeyer himself has said he expects the downturn to last another couple of years.)

I could go on, but you get the point. This article is nothing but a pump and dump piece. It isn't for serious investors, it's for day traders, and they do nothing to advance the company's long term prospects OR IT'S SHARE PRICE.

Which is ironic, because the author specifically states "This is not a day trade!")
Bullboard Posts